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Published on Monday, October 7, 2019

Market Comment | Cautiousness amid trade pessimism

Summary

Caution prevails in financial markets ahead of the resumption of trade talks and FOMC meeting minutes.

Key points

  • Key points:
  • China narrowed the scope of topics of any potential trade deal.
  • UST bond yields inched up, especially in the shorter tenors.
  • Stock indexes were mixed.
  • EM currencies depreciated.

Geographies

Topics

Documents and files

Report (PDF)

MC_071019.pdf

English - October 7, 2019

Authors

VS
Vitor Sun Zou
CV
Cristina Varela BBVA Research - Principal Economist
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